Aimia (TSE:AIM) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Aimia Inc. (TSE:AIM) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.61 and traded as high as C$2.61. Aimia shares last traded at C$2.60, with a volume of 11,053 shares trading hands.

Aimia Stock Up 0.8 %

The firm’s fifty day moving average price is C$2.62 and its 200-day moving average price is C$2.61. The firm has a market capitalization of C$257.76 million, a P/E ratio of -1.97, a PEG ratio of -2.30 and a beta of 0.95. The company has a debt-to-equity ratio of 31.05, a current ratio of 2.70 and a quick ratio of 83.33.

Aimia (TSE:AIM) last released its quarterly earnings results on Friday, November 8th. The company reported C($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.06) by C($0.01). Aimia had a negative net margin of 26.20% and a negative return on equity of 16.59%. During the same quarter last year, the business posted ($0.37) EPS. As a group, equities research analysts forecast that Aimia Inc. will post 0.0149339 earnings per share for the current year.

Aimia Company Profile

Aimia Inc (TSX: AIM) is a holding company that makes long-term investments in private and public businesses through controlling or minority stakes. We target companies with durable economic advantages evidenced by a track record of substantial free cash flow generation over complete business cycles, strong growth prospects, and guided by strong, experienced management teams.